A network hoping to become a parallel internet for blockchains is planning a public mainnet launch in the second half of 2025 after completing a $28 million funding round and testnet beta launch.
The DoubleZero Network hopes to be an alternative to the public internet that allows data-ct-non-breakable=”null” href=”https://cointelegraph.com/learn/articles/a-beginners-guide-to-the-different-types-of-blockchain-networks” rel=”null” target=”null” text=”null” title=”null”>network operators to contribute underutilized bandwidth to a dedicated network built for data-ct-non-breakable=”null” href=”https://cointelegraph.com/learn/articles/how-does-blockchain-work-everything-there-is-to-know” rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/learn/articles/how-does-blockchain-work-everything-there-is-to-know”>systems like blockchains, according to a March 5 statement from the DoubleZero Foundation.
Austin Federa, co-founder of DoubleZero, data-ct-non-breakable=”null” href=”https://x.com/Austin_Federa/status/1897478285032079486″ rel=”nofollow noopener” target=”_blank” text=”null” title=”https://x.com/Austin_Federa/status/1897478285032079486″>said in a March 5 post to X that the project is an…
